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Economy of Egypt vs Russia compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $2.17T for Russia, ranking 41/197 and 11/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $440B (20.3% of GDP) in Russia.

Egypt vs Russia GDP by year

Egypt
Russia
1x
Year GDP, current $
Egypt Russia
2024 $389,059,911,004 $2,173,835,806,672
2023 $395,926,075,163 $2,071,505,725,031
2022 $476,747,720,365 $2,291,612,121,335
2021 $424,671,765,456 $1,829,186,719,575
2020 $383,817,841,547 $1,493,075,894,362
2019 $318,678,815,490 $1,693,115,002,708
2018 $262,588,632,527 $1,657,328,773,461
2017 $248,362,771,739 $1,574,199,360,089
2016 $332,441,717,791 $1,276,786,350,881
2015 $329,366,576,819 $1,363,482,182,198
2014 $305,595,408,895 $2,059,241,589,895
2013 $288,434,108,527 $2,292,470,078,346
2012 $279,116,666,667 $2,208,293,553,878
2011 $235,989,672,978 $2,045,922,753,398
2010 $218,983,666,062 $1,524,916,715,224
2009 $189,147,005,445 $1,222,645,900,056
2008 $162,818,181,818 $1,660,848,058,303
2007 $130,437,828,371 $1,299,703,478,482
2006 $107,426,086,957 $989,932,071,353
2005 $89,660,339,660 $764,015,973,481
2004 $78,782,467,532 $591,016,690,732
2003 $80,288,461,538 $430,347,420,185
2002 $85,146,067,416 $345,470,494,418
2001 $96,684,636,119 $306,602,070,621
2000 $99,838,543,960 $259,710,142,197
1999 $90,710,704,807 $195,907,128,351
1998 $84,828,807,556 $270,955,486,862
1997 $78,436,578,171 $404,928,954,192
1996 $67,629,716,981 $391,724,890,744
1995 $60,159,245,060 $395,537,185,735
1994 $51,897,983,393 $395,077,301,248
1993 $46,578,631,453 $435,083,713,851
1992 $41,855,986,519 $460,290,556,901
1991 $37,387,836,491 $517,962,962,963
1990 $42,978,914,311 $517,014,446,228
1989 $39,756,299,050 $506,631,299,735
1988 $34,980,124,929 $554,828,660,436
1987 $40,455,616,654 -
1986 $41,253,507,951 -
1985 $39,053,502,251 -
1984 $33,971,188,992 -
1983 $30,966,239,814 -
1982 $27,655,172,414 -
1981 $22,136,081,081 -
1980 $21,669,908,176 -
1979 $18,020,571,429 -
1978 $14,811,704,063 -
1977 $14,400,806,876 -
1976 $13,315,988,083 -
1975 $11,632,178,869 -
1974 $9,228,963,225 -
1973 $10,098,534,613 -
1972 $9,299,638,056 -
1971 $8,609,283,346 -
1970 $8,042,200,452 -
1969 $6,524,455,206 -
1968 $5,932,242,991 -
1967 $5,605,484,299 -
1966 $5,278,005,612 -
1965 $4,948,667,540 -
1964 $4,709,245,762 -
1963 $4,187,146,232 -
1962 $4,035,462,027 -
1961 $4,494,575,611 -
1960 $4,206,270,352 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/russia | CC BY

GDP per capita in Egypt vs Russia by year

Egypt
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $15,145 $47,405
2023 $3,457 $18,525 $14,403 $44,269
2022 $4,233 $17,527 $15,888 $40,939
2021 $3,827 $15,579 $12,637 $38,638
2020 $3,511 $15,232 $10,280 $31,491
2019 $2,963 $13,364 $11,640 $30,964
2018 $2,485 $12,329 $11,399 $28,629
2017 $2,395 $11,125 $10,835 $25,778
2016 $3,271 $10,666 $8,804 $24,012
2015 $3,307 $10,903 $9,427 $23,994
2014 $3,133 $10,256 $14,277 $25,688
2013 $3,026 $10,511 $15,941 $26,020
2012 $2,996 $10,342 $15,402 $24,274
2011 $2,591 $8,988 $14,305 $22,790
2010 $2,455 $8,838 $10,675 $20,490
2009 $2,162 $8,465 $8,563 $19,390
2008 $1,896 $8,191 $11,635 $20,164
2007 $1,548 $7,641 $9,101 $16,648
2006 $1,299 $7,079 $6,920 $14,912
2005 $1,106 $6,554 $5,323 $11,822
2004 $991 $6,207 $4,102 $10,227
2003 $1,031 $5,928 $2,975 $9,255
2002 $1,117 $5,753 $2,378 $8,037
2001 $1,295 $5,650 $2,100 $7,361
2000 $1,366 $5,452 $1,772 $6,825
1999 $1,268 $5,121 $1,331 $5,914
1998 $1,213 $4,869 $1,835 $5,465
1997 $1,146 $4,661 $2,738 $5,700
1996 $1,009 $4,434 $2,644 $5,518
1995 $916 $4,235 $2,666 $5,613
1994 $807 $4,048 $2,662 $5,734
1993 $740 $3,895 $2,931 $6,420
1992 $681 $3,784 $3,099 $6,862
1991 $623 $3,627 $3,490 $7,858
1990 $736 $3,566 $3,494 $8,028
1989 $701 - $3,430 -
1988 $634 - $3,778 -
1987 $754 - - -
1986 $790 - - -
1985 $770 - - -
1984 $690 - - -
1983 $648 - - -
1982 $596 - - -
1981 $490 - - -
1980 $493 - - -
1979 $421 - - -
1978 $355 - - -
1977 $353 - - -
1976 $335 - - -
1975 $299.2 - - -
1974 $243.1 - - -
1973 $272.2 - - -
1972 $256.5 - - -
1971 $243 - - -
1970 $232.3 - - -
1969 $193 - - -
1968 $179.8 - - -
1967 $174.1 - - -
1966 $168.1 - - -
1965 $161.6 - - -
1964 $157.7 - - -
1963 $143.9 - - -
1962 $142.4 - - -
1961 $162.8 - - -
1960 $156.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/russia | CC BY

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $15,145 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Russia ranks 50th at $47,405.

Economic indicators

Egypt Russia
Gross domestic product
$389B
2024
$2.17T
2024
GDP rank
41/197
2024
11/197
2024
GDP growth
2.4%
2023-2024
4.34%
2023-2024
GDP per capita
$3,338
2024
$15,145
2024
GDP per capita rank
138/197
2024
68/197
2024
GDP per capita, PPP
$19,094
2024
$47,405
2024
GDP per capita PPP rank
99/197
2024
50/197
2024
Government debt
$354B
2024
$440B
2024
Debt-to-GDP ratio
90.9%
2024
20.3%
2024
Government debt per person
$3,036
2024
$3,067
2024
Government debt per person rank
99/185
2024
98/185
2024
Average annual personal income after taxes
$1,948
2026
$10,464
2026
Market capitalization of domestic companies
$42.6B
2024
$650B
2023
Number of millionaires n/a
426,000
2025
Number of billionaires
5
2025
140
2025
Income share by richest 10%
24.6%
2021
25.1%
2023
Income share by poorest 10%
4.2%
2021
3.1%
2023
Government expenditure, % of GDP
22.9%
2024
36.9%
2024
Consumer prices inflation
28.3%
2023-2024
8.4%
2023-2024
Central bank interest rate
21%
2025
16%
2025
Unemployment rate
5.95%
2024
2.43%
2024
Population
120697176
141906741

Spending and national debt comparison by year

Egypt
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Egypt Russia
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 36.9% 20.3%
2023 22.7% 95.9% 35.7% 19.5%
2022 24.9% 88.5% 35.2% 18.5%
2021 25.5% 89.9% 34.9% 16.5%
2020 25.7% 86.2% 39.2% 19.2%
2019 26.9% 80.1% 33.8% 13.7%
2018 28.6% 87.9% 32.6% 13.6%
2017 30.6% 97.8% 34.8% 14.3%
2016 31% 91.6% 36.6% 14.8%
2015 31.3% 83.8% 35.3% 15.3%
2014 33.9% 80.9% 34.9% 15.1%
2013 32.9% 79.8% 34.7% 12.3%
2012 29.2% 69.9% 34% 11.2%
2011 30.5% 72.8% 33.3% 10.3%
2010 31.4% 69.6% 35.5% 10.1%
2009 32.5% 69.5% 38.6% 9.92%
2008 32.7% 66.8% 32% 7.45%
2007 31.3% 76.3% 31.9% 8.03%
2006 34.5% 85.9% 29% 9.8%
2005 30.3% 98.3% 29.5% 14.9%
2004 30.1% 96.5% 29.6% 20.8%
2003 30.6% 97.1% 32.6% 28.3%
2002 30.9% 85.8% 33.8% 37.6%
2001 27.9% 79.1% 31.5% 44.4%
2000 26% 71.7% 30.7% 55.9%
1999 26.3% 72.4% 34.3% 92.4%
1998 - 73.8% 39.7% 135.2%
1997 - - - 51.5%
1996 - - - 51.9%
1995 - - - 53.7%
1994 - - - 63.5%
1993 - - - 92.4%
1992 - - - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-02-20).

GeoRank.org/economy/egypt/russia | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while Russia spent $802B, or 36.9% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 20.3% in Russia, ranking 31/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Russia
1x
Year Deficit/surplus, % of GDP
Egypt Russia
2024 -7.12% -1.6%
2023 -5.77% -2.22%
2022 -5.74% -1.34%
2021 -6.96% 0.78%
2020 -7.47% -3.99%
2019 -7.6% 1.93%
2018 -8.97% 2.92%
2017 -9.9% -1.47%
2016 -11.8% -3.67%
2015 -10.4% -3.39%
2014 -10.7% -1.07%
2013 -12.3% -1.16%
2012 -9.47% 0.38%
2011 -9.6% 1.43%
2010 -7.45% -3.19%
2009 -6.2% -5.89%
2008 -6.05% 4.55%
2007 -4.9% 5.59%
2006 -7.35% 7.8%
2005 -6.69% 7.6%
2004 -5.76% 4.57%
2003 -5.73% 1.35%
2002 -6.77% 0.67%
2001 -1.07% 2.99%
2000 1.32% 3.11%
1999 2.14% -3.59%
1998 - -7.42%
1997 - -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-02-20).

GeoRank.org/economy/egypt/russia | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to Russia's deficit of $34.9B, or 1.6% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Russia ran a deficit in 12 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to surplus of 0.5% of GDP for Russia.

Inflation comparison by year

Inflation
Egypt

Russia
1x
Year Consumer prices inflation
Egypt Russia
2024 28.3% 8.4%
2023 33.9% 5.9%
2022 13.9% 13.7%
2021 5.21% 6.7%
2020 5.04% 3.4%
2019 9.15% 4.5%
2018 14.4% 2.9%
2017 29.5% 3.7%
2016 13.8% 7%
2015 10.4% 15.5%
2014 10.1% 7.8%
2013 9.47% 6.8%
2012 7.11% 5.1%
2011 10.1% 8.4%
2010 11.3% 6.8%
2009 11.8% 11.6%
2008 18.3% 14.1%
2007 9.32% 9%
2006 7.64% 9.7%
2005 4.87% 12.7%
2004 11.3% 10.9%
2003 4.51% 13.7%
2002 2.74% 15.8%
2001 2.27% 21.5%
2000 2.68% 20.8%
1999 3.08% 85.7%
1998 3.87% 27.7%
1997 4.63% 14.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/russia | CC BY

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 13.4% in Russia. In 2024, inflation was 28.3% in Egypt and 8.4% in Russia.

Top exports between countries

Egypt
Export category Export value
Raw agricultural goods $544M
Chemicals & pharma $26.5M
Processed food, beverages & tobacco $14.7M
Metals $6.05M
Raw materials & minerals $4.8M
Machinery & equipment $4.49M
Animal & marine products $3.44M
Textiles & consumer goods $3.26M
Weapons & explosives $1.62M
Miscellaneous $332K
Russia
Export category Export value
Raw agricultural goods $1.57B
Metals $700M
Machinery & equipment $511M
Wood & paper products $488M
Miscellaneous $354M
Processed food, beverages & tobacco $263M
Raw materials & minerals $222M
Manufacturing & construction services $102M
Chemicals & pharma $64.3M
Business & finance services $62.2M

Balance of trade

Egypt Russia
Current account balance
-$22.3B
2024
$63.4B
2024
Current account balance ranking
184/190
2024
12/190
2024
Current account balance, % of GDP
-5.72%
2024
+2.91%
2024
Goods imports
$72.9B
2024
$302B
2024
Goods exports
$34.8B
2024
$434B
2024
Service imports
$27.5B
2024
$81.5B
2024
Service exports
$29.6B
2024
$43.1B
2024
Imports of goods and services, % of GDP
23.2%
2024
17.6%
2024
Exports of goods and services, % of GDP
16.4%
2024
21.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Egypt Russia
Economic freedom 50.3 50.3
Economic freedom ranking 160/197 161/197
Property rights 35.5 18.6
Government integrity 27.1 22.8
Judicial effectiveness 24 22.8
Tax burden 85.7 81.9
Government spending 83.4 61.3
Fiscal health 21.8 94.4
Business freedom 51.4 51.4
Labor freedom 43.1 59.1
Monetary freedom 56 61.8
Trade freedom 60.2 69.4
Investment freedom 65 30
Financial freedom 50 30

Economic freedom comparison by year

Egypt
Russia
1x
Year Economic freedom index
Egypt Russia
2026 50.3 50.3
2025 50.9 51.6
2024 49.7 52
2023 49.6 53.8
2022 49.1 56.1
2021 55.7 61.5
2020 54 61
2019 52.5 58.9
2018 53.4 58.2
2017 52.6 57.1
2016 56 50.6
2015 55.2 52.1
2014 52.9 51.9
2013 54.8 51.1
2012 57.9 50.5
2011 59.1 50.5
2010 59 50.3
2009 58 50.8
2008 58.5 49.8
2007 54.4 52.2
2006 53.2 52.4
2005 55.8 51.3
2004 55.5 52.8
2003 55.3 50.8
2002 54.1 48.7
2001 51.5 49.8
2000 51.7 51.8
1999 58 54.5
1998 55.8 52.8
1997 54.5 48.6
1996 52 51.6
1995 45.7 51.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/egypt/russia | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Russia
Services, % of GDP
48.9%
2024
57.5%
2024
Industry, % of GDP
32.6%
2024
30.7%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
2.74%
2024
GNI, Atlas method
$409B
2024
$2.24T
2024
GNI per capita, PPP
$18,230
2024
$46,780
2024
Total reserves including gold
$44.9B
2024
$597B
2023
Total reserves ranking
44/177
2024
6/177
2023
Net foreign direct investment
-$46.1B
2024
$9.37B
2024
Net inflows of foreign direct investment
$46.6B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$508M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
2.65%
2024
Poverty at national poverty lines
33.5%
2021
12.1%
2020
Gross capital formation, % of GDP
13%
2024
26.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/egypt/russia | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.